Legal framework of non-fungible tokens – Legal repercussions & challenges ahead
| Main Author: | |
|---|---|
| Publication Date: | 2023 |
| Language: | eng |
| Source: | Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) |
| Download full: | http://hdl.handle.net/11144/6681 |
Summary: | Non-fungible tokens (NFTs) are often regarded as the cryptocurrency of the future. The ownership and value of an original digital asset like a picture, video, or audio file may be established with the use of a digital asset called a Non-Fungible Token (NFT). Blockchain technology and smart contracts are used to issue them on these assets, creating one-of-a-kind digital signatures and guaranteeing their safety. As a result of their speculative nature, sudden price drops or rises, and susceptibility to cyber security attacks, they are very risky investments. NFTs aim to alleviate the burden of proof-of-ownership verification. |
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Legal framework of non-fungible tokens – Legal repercussions & challenges aheadNon-fungible tokenschallengesNon-fungible tokens (NFTs) are often regarded as the cryptocurrency of the future. The ownership and value of an original digital asset like a picture, video, or audio file may be established with the use of a digital asset called a Non-Fungible Token (NFT). Blockchain technology and smart contracts are used to issue them on these assets, creating one-of-a-kind digital signatures and guaranteeing their safety. As a result of their speculative nature, sudden price drops or rises, and susceptibility to cyber security attacks, they are very risky investments. NFTs aim to alleviate the burden of proof-of-ownership verification.OBSERVARE. Universidade Autónoma de Lisboa2023-12-05T12:13:58Z2023-11-01T00:00:00Z2023-11annotationinfo:eu-repo/semantics/publishedVersionapplication/pdftext/htmlhttp://hdl.handle.net/11144/6681eng1647-7251https://doi.org/10.26619/1647-7251.14.2.01Mehrotra, Adityainfo:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2024-08-01T02:08:41Zoai:repositorio.ual.pt:11144/6681Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T18:44:21.892763Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse |
| dc.title.none.fl_str_mv |
Legal framework of non-fungible tokens – Legal repercussions & challenges ahead |
| title |
Legal framework of non-fungible tokens – Legal repercussions & challenges ahead |
| spellingShingle |
Legal framework of non-fungible tokens – Legal repercussions & challenges ahead Mehrotra, Aditya Non-fungible tokens challenges |
| title_short |
Legal framework of non-fungible tokens – Legal repercussions & challenges ahead |
| title_full |
Legal framework of non-fungible tokens – Legal repercussions & challenges ahead |
| title_fullStr |
Legal framework of non-fungible tokens – Legal repercussions & challenges ahead |
| title_full_unstemmed |
Legal framework of non-fungible tokens – Legal repercussions & challenges ahead |
| title_sort |
Legal framework of non-fungible tokens – Legal repercussions & challenges ahead |
| author |
Mehrotra, Aditya |
| author_facet |
Mehrotra, Aditya |
| author_role |
author |
| dc.contributor.author.fl_str_mv |
Mehrotra, Aditya |
| dc.subject.por.fl_str_mv |
Non-fungible tokens challenges |
| topic |
Non-fungible tokens challenges |
| description |
Non-fungible tokens (NFTs) are often regarded as the cryptocurrency of the future. The ownership and value of an original digital asset like a picture, video, or audio file may be established with the use of a digital asset called a Non-Fungible Token (NFT). Blockchain technology and smart contracts are used to issue them on these assets, creating one-of-a-kind digital signatures and guaranteeing their safety. As a result of their speculative nature, sudden price drops or rises, and susceptibility to cyber security attacks, they are very risky investments. NFTs aim to alleviate the burden of proof-of-ownership verification. |
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2023 |
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2023-12-05T12:13:58Z 2023-11-01T00:00:00Z 2023-11 |
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annotation |
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http://hdl.handle.net/11144/6681 |
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http://hdl.handle.net/11144/6681 |
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eng |
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eng |
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1647-7251 https://doi.org/10.26619/1647-7251.14.2.01 |
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OBSERVARE. Universidade Autónoma de Lisboa |
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OBSERVARE. Universidade Autónoma de Lisboa |
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